GOLD:SELL From 61.8% FIBO AB=CD Pattern Resistance SHORT Setup

GOLD yesterday followed exactly our idea with a new push-down in the direction of the main trend. The price after a pullback on the 61.8% FIBO area in confluence with the Resistance Level at 1660 and the dynamic trend line, had a strong rejection with a Bearish Spike Candle on this confluence of details to continue its rally in the lower side of the chart. The pattern looks like an AB=CD inside a bearish channel. All these details are in favor of a downtrend continuation.

הערה:

✅ Our Yesterday Idea

הערה:

✅ Today price continue to falling down...